SJB & Co Chartered Accountants

cashflow

Which way to turn?

Coping with inflation, recession, and other financial challenges This update sets out some of the business and personal financial challenges for 2023-24, and a few ideas for countering these challenges. The challenges for business owners The combination of rising energy bills, high inflation, recession and climbing interest rates sets a grim stage for 2023-24. All …

Which way to turn? Read More »

bank notes

Managing cashflow now that COVID funding appears to be coming to an end

Before COVID and Brexit disrupted the UK economy, we advised business clients to keep between three and six-months overhead costs in a cash reserve. This provided a buffer should firms experience a temporary dip in demand for their products or services. Businesses that adopted this strategy prior to 2020 will have made good use of …

Managing cashflow now that COVID funding appears to be coming to an end Read More »